Naspers completes listing and unbundling of MultiChoice broadcast group

Naspers completes listing and unbundling of MultiChoice broadcast group

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SOUTH AFRICA – The broad-based internet and media group, Naspers has announced that it has completed the unbundling of its shares in MultiChoice Group (MCG) to shareholders after successfully listing it on the Johannesburg Stock Exchange (JSE). Naspers has distributed to its…

Kenya’s Cellulant sells 44.04% stake to US based investment firm

Kenya’s Cellulant sells 44.04% stake to US based investment firm

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KENYA – Kenyan digital payments platform, Cellulant has sold 44.04% to the US-based social impact investment firm, The Rise Fund, according to Competition Authority of Kenya (CAK) filings. The deal which was concluded in May last year, was valued at US$47.89 million…